Core index rises for second month, Annmarie Hordern notes

Core index rises for second month, Annmarie Hordern notes
Core index up 0.3 percent in September

The index for all items less food and energy increased by 0.3 percent in September, mirroring the rise seen in August.

Annmarie Hordern reported that indexes for recreation, used cars and trucks, education, airline fares, medical care, and apparel increased over the month, while the index for communication was among those that decreased.

Annmarie Hordern has previously reported that Jamie Dimon described continued U.S. economic growth fueled by business investment and consumer spending, despite persistent risks in the outlook. She also noted that the King Abdullah Financial District extended remote work arrangements for tenants until further notice. These updates offer additional context as various sectors reflect shifting monthly trends.

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